Our price from 2015 to 2020 was $0.03. It quickly rose to the teens from 2021 through 2022, when oil/gas/helium prices rose. Then all 3 started falling at the start of 2023, and so did we. Now oil & gas are rising again. Helium prices are steady. Even though they aren't rising yet, helium deposits are few, and they are being depleted, so eventually the price of helium will start rising.
It looks like $0.02/$0.03 is where we are stabilizing. Long term VVCVF looked like a good, but not explosive stock.
Then this week happened.
Average monthly volume is 1 million to 1.75 million shares traded, for an average daily volume of 75,000 shares traded. But on 9/3 195,000 shares traded. 9/4 713,000 traded. 9/5 1,460,000 traded, for a total of 2,368,000 shares in just 3 days. Double the number of shares traded in 3 days, then is traded in a month. And each day was a big jump in the number of shares traded over the previous day.
On 9/3 people paid $0.0215 to acquire the stock. 9/4 they paid slightly more at $0.0216 for the shares. Then on 9/5 the price that people paid jumped to $0.0250.
I wonder if something is up. I bought the stock in 2021 for an average price of $0.12. I will probably buy more shares Monday. We may end up not going anywhere, but $0.02 - $0.03 looks like a good price to get in for the long term, and who knows, maybe something is in the wind, and we will sail upward.
But with 570 million shares, that will somewhat constrain our price rise.
Also, the amount of money spent to buy the shares wasn't that much. 9/3 was only $4,192 to buy the 195,000 shares. 9/4 $15,400 for 713,000 shares. 9/5 $36,500 for 1,460,000 shares.
Still, those were big daily volumes traded, compared to the normal daily average of 75,000 shares.
So, something may be afoot.